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A False Below are T/F questions and matching questions, Match the question with the best answer. Sharon was given an assortme
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Answer #1

1) Sharon was given an assortment of oils that she…………………………………….

Ans – Value chain (K)

The value chain has different stages like analysis of the process, development of strategy, planning for strategy, implementation and control. As she is trying to create the process of activities, it is the first step in value chain in order to understand functions

2) Sasha is creating an email……………….

Ans – Customer relationship management (F)

Creating the list of email to understand customer needs is a part of customer relationship management. It will help to strengthen the relationship and gain higher trust

3) Dell computers doesn’t keep an inventory………………..

Ans – JIT (H)

JIT (Just in time) is a concept wherein goods are supplied as per demand. In this, there is no pre built inventory. It is more like a pull system to optimize the inventory

4) Understanding your product development…………………….

Ans – True (B)

The value chain has different stages like analysis of the process, development of strategy, planning for strategy, implementation and control. Understanding the different processes are the first three steps of the value chain which are part of first stage. Post this, correlation between the stages is set up

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